/Crypto Travel & Tourism Is Growing – For Better or Worse

Crypto Travel & Tourism Is Growing – For Better or Worse

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Cryptonation. Blockchain Cruise. CryptoCribs these are just several of the names of tourism programs focused on the blockchain industry, from luxury cruises to Middle East startup tours, that are part of a growing trend targeting crypto-curious travelers.

The Blockchain Cruises, organized by the tourism arm of Edinburgh, Scotland-based crypto wallet provider CoinsBank, have garnered a significant amount of attention. Already, the company has hosted two, where crypto millionaires partied hard on the sea, and now they’re gearing up for their third cruise through the Mediterranean in September.

During the cruise, headline speakers include BTCC exchange founder Bobby Lee, infamous token promoter John McAfee, plus investor and bitcoin cash advocate Roger Ver.

While CoinsBank expects 2,300 people to attend the luxury cruise, half the tickets are already reserved and the others go for between $1,000 and $3,000.

A representative from CoinsBank told :

“It’s not just tourism but a lifestyle that we promote.”

Sure enough, it’s the lifestyle of the newly crypto rich and famous – one that many others, including those that didn’t get in early on bitcoin (what are referred to as newbs), want a piece of.

“We’ve also planned several more workshops, the hackathon and even Miss Blockchain contest to support diversity in the industry,” the CoinsBank representative said.

CoinsBank is hardly the only company capitalizing on demand for travel geared towards the crypto-curious.

And although these programs are still relatively small compared to the tourism industry at large, these efforts – including the rash of blockchain activity in (and relocation to) Puerto Rico – are increasing.

CryptoCribs, an Airbnb-like application for connecting traveling crypto-enthusiasts with crypto-friendly accommodations throughout the world, was born. Since launching in September CryptoCribs has facilitated 170 trips across dozens of countries.

“You have the experienced hosts who want to host crypto-enthusiasts from around the world and you also have people who are new to space and want to learn more about it,” Elsner said of CryptoCribs, adding:

“They feel like this is a great way to get some of their first bitcoin or litecoin, or whatever, and to use it.”

For instance, CryptoCribs developers have been collaborating with the Ethereum Foundation to develop smart contracts for peer-to-peer transactions between hosts and guests using the ethereum token standard, ERC-725.

“It’s a new token, the ERC-725, it’s still under development,” Elsner said, adding:

“We’re trying to contribute to make it in such a way that it is really usable for the sharing economy.”

“In the end, [crypto] is still a small community,” CryptoCribs Elsner said, adding he prefers opportunities to learn about diverse perspectives from crypto enthusiasts around the world, rather than seeking business opportunities during his travels.

Continuing, he concluded:

“For me, it’s still a community project about bringing people together.”